Inventory carrying costs of a company can be classified as follows; Opportunity Cost (Capital Cost): The opportunity cost of holding…
After the biggest ransomware cyberattack Wannacry had taken place in May 2017 world was again hit by the second massive…
Shipping Lines Facts: Shipping Lines’ schedules are not reliable. According to the SeaIntelligence, on-time arrivals ranged from 65 to 76 percent in the first…
Major costs in a container port are as follows; Terminal Handling Charges (THC), Cargo Dues (wharfage), Port Dues, and Marine Services…
The value of the cargo in a container is the most critical variable for logisticians to understand and manage the logistics costs of…
Demurrage costs – Fact: Demurrage cost is levied to the BCO (Shipper) in cases where they do not take the container out of the…
India, one of the largest economies in the world, is at a respectable rate in e-commerce. In Asia, the E-commerce…